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The rapid digitization of the financial services industry, driven by technologies like UPI, has significantly expanded the scope of roles, particularly in the mid-career segment.

As Dhriti Prasanna Mahanta, our VP and Business Head, highlighted in a recent interview with The Economic Times, this transformation has led to increased demand for specialized roles. Mid-senior level hiring now encompasses a wide range of positions, including:

• Traditional Roles: Credit analysts, investment bankers, and financial analysts who are skilled in risk evaluation, capital management, and financial planning.
• Emerging Roles: Asset managers overseeing investment portfolios, and product managers developing innovative financial products.
• Tech-Driven Roles: Cybersecurity managers, data scientists, and research analysts in the burgeoning fintech sector.

To excel in these roles, professionals need a strong foundation in hard skills such as Financial modelling, Data analytics, Programming languages like Python and SQL, Machine learning, Cloud computing, and Cybersecurity.

Additionally, soft skills like problem-solving, leadership, and effective communication are essential for navigating complex challenges and driving business growth.

Apprenticeships in the Banking & Financial Services Industry

The banking and financial services sector (BFSI) is increasingly turning to apprenticeships for a variety of roles. According to our latest findings, about 87% of employers in BFSI intend to expand their use of apprenticeships, with skill availability in real-time as the primary reason for this shift. Furthermore, nearly 80% of BFSI employers report high apprenticeship completion rates among their trainees.

For a deeper dive into the evolving landscape of mid-career roles in the banking and financial services industry, we encourage you to read the full article in The Economic Times.